Research on productive efficiency at the firm level has developed as an important and active strand of research the last decades, both within operations research, management science and economics. However, the interests pursued within the fields have had some differences regarding sound...

Since 2003, measuring efficiency in dynamic contexts has received considerable attention. Dynamic efficiency analysis accounts for both the interdependency of production decisions over time, as well as adjustment costs, and also distinguishes between variable and quasi-fixed inputs in the...